Pradhan Mantri Jan Dhan Yojana

PM Narendra Modi today lauded his government's 'Pradhan Mantri Jan Dhan Yojana' as it completed seven years, saying the scheme, which facilitates the unbanked population to open a bank account, has forever transformed India's development trajectory.

The transfer has been staggered over a period of five days to avoid rush at the bank branches.

Currently, the Pradhan Mantri Jan Dhan Yojana (PMJDY) is the government's financial inclusion programme, applicable to the 10 to 65 years age group, and aiming to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.

Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark.

An overdraft facility up to Rs.10,000 is available to one account holder of Pradhan Mantri Jan Dhan Yojana per household after six months of satisfactory conduct of the account. The new overdraft limit of Jan Dhan accounts is double than the previous limit.

Pradhan Mantri Jan Dhan Yojana: The Union Cabinet on Wednesday decided to the scheme an open-ended one.

Arun Jaitley said 53 per cent of the PMJDY account holders are women, while 83 per cent of the accounts are seeded with Aadhaar.

Prime Minister Narendra Modi met Queen Maxima of The Netherlands who is visiting India in her capacity as UN Secretary-General's Special Advocate for Inclusive Finance for Development.

Prime Minister Narendra Modi, who is in Karnataka today, offered prayers at the famous Lord Manjunatha Swami temple at Dharmasthala. He then attended a function organised by the Sri Kshetra Dharmasthala Rural development Project in the temple town in Dakshina Kannada district. The prime minister symbolically launched the distribution of RuPay Cards...

Prime Minister Narendra Modi on Sunday said 30 crore families have been linked to Pradhan Mantri Jan Dhan Yojana in the last three years and Rs 65,000 crore deposited in their accounts.

Data from the Finance Ministry showed that a total of 2,514 accidental insurance claims were filed under the Jan Dhan financial inclusion programme.

The Jan Dhan tally, the finance ministry said, has reached Rs 63,971 crore in deposits and 22.14 crore Rupay cards.

Despite a huge surge in total deposits in Jan Dhan accounts following demonetisation, about one-fifth of these still continue to have no balance.

After a sudden surge in deposits in Pradhan Mantri Jan-Dhan Yojana accounts showed up various inconsistencies, the government on Sunday again cautioned such account holders.

Withdrawals from zero balance Jan Dhan accounts will be limited to Rs 10,000 a month for now, the Reserve Bank of India said today, calling it a move to check money laundering after the notes ban.

PM Narendra Modi today lauded his government's 'Pradhan Mantri Jan Dhan Yojana' as it completed seven years, saying the scheme, which facilitates the unbanked population to open a bank account, has forever transformed India's development trajectory.

The transfer has been staggered over a period of five days to avoid rush at the bank branches.

Currently, the Pradhan Mantri Jan Dhan Yojana (PMJDY) is the government's financial inclusion programme, applicable to the 10 to 65 years age group, and aiming to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.

Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark.

An overdraft facility up to Rs.10,000 is available to one account holder of Pradhan Mantri Jan Dhan Yojana per household after six months of satisfactory conduct of the account. The new overdraft limit of Jan Dhan accounts is double than the previous limit.

Pradhan Mantri Jan Dhan Yojana: The Union Cabinet on Wednesday decided to the scheme an open-ended one.

Arun Jaitley said 53 per cent of the PMJDY account holders are women, while 83 per cent of the accounts are seeded with Aadhaar.

Prime Minister Narendra Modi met Queen Maxima of The Netherlands who is visiting India in her capacity as UN Secretary-General's Special Advocate for Inclusive Finance for Development.

Prime Minister Narendra Modi, who is in Karnataka today, offered prayers at the famous Lord Manjunatha Swami temple at Dharmasthala. He then attended a function organised by the Sri Kshetra Dharmasthala Rural development Project in the temple town in Dakshina Kannada district. The prime minister symbolically launched the distribution of RuPay Cards...

Prime Minister Narendra Modi on Sunday said 30 crore families have been linked to Pradhan Mantri Jan Dhan Yojana in the last three years and Rs 65,000 crore deposited in their accounts.

Data from the Finance Ministry showed that a total of 2,514 accidental insurance claims were filed under the Jan Dhan financial inclusion programme.

The Jan Dhan tally, the finance ministry said, has reached Rs 63,971 crore in deposits and 22.14 crore Rupay cards.

Despite a huge surge in total deposits in Jan Dhan accounts following demonetisation, about one-fifth of these still continue to have no balance.

After a sudden surge in deposits in Pradhan Mantri Jan-Dhan Yojana accounts showed up various inconsistencies, the government on Sunday again cautioned such account holders.

Withdrawals from zero balance Jan Dhan accounts will be limited to Rs 10,000 a month for now, the Reserve Bank of India said today, calling it a move to check money laundering after the notes ban.